Oracle Retail to support Swedish fashion retailer Indiska
October 07, 2009 - United States Of America
Swedish fashion and home furnishings retailer Indiska has selected a broad suite of Oracle Retail applications and Oracle Fusion Middleware components to create a core retail platform that will support its international expansion plans and long-term growth strategy.
With over 80 stores in Sweden, Norway, Finland and Denmark, Indiska offers quality modern Bohemian-inspired women's fashion and home furnishings and remains committed to its founding principles of ethical and sustainable retailing.
Indiska has selected Oracle Retail Merchandising System, Oracle Retail Price Management, Oracle Retail Trade Management, Oracle Retail Sales Audit and Oracle Retail Allocation to replace its legacy systems.
The Oracle Retail applications are expected to provide a coordinated view of merchandising operations that will help improve decision-making around pricing, the flow of inventory and allocation of goods to meet customer demand.
Indiska is also planning to implement Oracle Fusion Middleware components including the Oracle WebLogic Suite, Oracle WebCenter Suite and Oracle BPEL Process Manager to manage the data exchanges between the Oracle merchandising environment and other systems.
The retailer also plans to implement Oracle E-Business Suite Financials Release 12 to help improve integration between the core retail and financial systems as well as to enhance reporting capabilities.
The relationship with Oracle marks an important step in Indiska's transformation strategy, which has already delivered significant improvements in terms of profitability and operational efficiencies.
The first objective of the deployment is to improve access to Indiska's foundational data to help enable more efficient core merchandising capabilities and to standardize on Oracle Database 11g.
Indiska expects to implement Oracle E-Business Suite Financials prior to rolling out the Oracle Retail applications.
Accenture has been selected by Indiska as their implementation partner, delivering the project from Sweden and India. Oracle supports the implementation with point experts and quality assurance.
"Oracle provides the best fit for our business, not only in terms of functionality but through its proven experience and understanding of our business requirements and objectives," said Sara Björk, IT Director, Indiska. "We believe Oracle can provide the technology to help us unlock value within our business, to better support growth and drive overall business performance."
"We are committed to supporting Indiska's long-term strategy for positive growth," said Duncan Angove, Senior Vice President and General Manager, Oracle Retail. "The Oracle solutions will help Indiska to turn reliable and timely information into profitable business decisions to deliver an even better customer experience and support their international expansion."
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